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Lifeyo Aquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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Los Angeles Web Developer

SoCal CTO

He was struggling to find high quality developers in Los Angeles. Just the kind of person I like to meet. :) But I was a bit surprised when he emphasized how hard it had been for them to find a web developer in Los Angeles. He has a great concept with some complexity to it. And he’s right there’s a big difference.

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Lifeyo Acquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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Grindr Seeks Sale, Says Report

socalTECH

Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. READ MORE>>.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. With the new capital, SpotOn has raised $628 million since its inception.

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maniaTV Makes A Slew Of New Hires

socalTECH

Los Angeles-based maniaTV, which develops video content for the web, said today that it has hired six new executives at the firm. Paul joins from Joost; Klein from National Lampoon; Sniffen from JumpTV and NBC; Przybylowski from G4TV, Chu from Paramount Pictures, and Lucero from Disney.

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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

Whether it is launching a website, developing a minimum viable product, making strategic acquisitions or building out your sales team the founder must have a firm understanding of what it is they want to accomplish, the value it will create and how long the milestone will take to accomplish.